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American Finasco
Preparing for economic downturns is crucial for small businesses to navigate challenges, maintain stability, and emerge stronger on the other side. Here are strategies to help small enterprises to build resilience during economic downturns: 1. Financial Planning:    – Create a Contingency Fund: Save a portion of profits in a contingency fund to cover unexpected...
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As the end of the year approaches, so does the end of our 3-part blog tax series. Throughout the series, we have explored Tax Tips for Small Businesses for Q1, Q2, and Q3 Small Business Tax Tips. The end of the year brings several important tax-related tasks and strategies small businesses should consider to optimize their financial position. ...
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American Finasco's National Attorney Network
American Finasco developed a National Network of Attorneys in 1988 when it became apparent that most of our clients could not afford to hire an attorney. Our network offers several benefits to business dealing with debt-related issues.  American Finasco’s attorney network gives our clients access to legal professionals who specialize in debt collection. This is...
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When it comes to small business taxes in the third quarter (Q3), there are a few important considerations. Here are some key points to keep in mind: 1.         Estimated quarterly tax payments: Small businesses, especially those structured as sole proprietorships, partnerships, LLCs, or S corporations, may be required to make estimated quarterly tax payments to cover their...
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Third-party financial intervention can be advantageous for a struggling small business in several scenarios. Here are just a few circumstances where American Finasco can assist: Debt restructuring and negotiation: If a small business is burdened with significant debt and struggling to meet its financial obligations, we can help with debt restructuring. This involves renegotiating loan...
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There are several strategies that small businesses can implement to improve their performance during the summer season. Here are some suggestions: Offer summer promotions: Create enticing offers, discounts, or packages specifically tailored for the summer season. Consider seasonal themes or tie-ins to attract customers and drive sales. Refresh your marketing efforts: Update your website, social...
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2023 small business taxes
It’s that time of year again….tax season! There are many rules and changes this year that should be noted by small business owners when filing this year and planning for the next. One thing that never changes is the necessity to keep precise records of your business finances. An excellent example of a notable change...
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New Year goals for small businesses
As the year ends and a new one begins, every small business owner plans to do better than the previous year. To kickstart the new year, grab a pen and paper, write down some resolutions and hold yourself accountable! Resolutions will help you drive forward and maintain momentum. Plus, having them on paper is a...
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No matter your industry, your business will have financial ups and downs. There will be times when sales are booming and droughts when business is slow. Whether you’re navigating tough economic times, the holidays, a difficult moment for your industry, or just a cyclical slump, business owners need a strategy for surviving this slow period....
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Short-term debt Also known as current liabilities, a company’s financial obligations are expected to be paid off within a year. Short-term debt is often used to finance day-to-day operating or unexpected expenses. The repayment period is short, usually 12 months or less, and requires higher monthly payments. Short-term debt may be a good option if...
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American Finasco

A Commercial Debt Management company in Houston, Texas, American Finasco has served thousands of clients in all regions of the United States. The profile of American Finasco’s client is a closely held, under-capitalized corporation, with gross revenue between $500,000 and $100,000,000.

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